Singapore April factory output rises 9.1 pct y/y

SINGAPORE, May 25 (Reuters) - Singapore’s factory output grew more than expected in April, accelerating from March, helped by an upswing in pharmaceuticals production, data showed on Friday. Manufacturing output in April rose 9.1 percent compared with a ... ( read original story ...)

Investors in Dark as Singapore and India Fight Over Futures

Load Error A fight between Singapore Exchange Ltd. and National Stock Exchange of India Ltd. over derivatives contracts is threatening to end a popular way of hedging Indian shares. The battle, which went to court in Mumbai this week, has left traders ... ( read original story ...)

Trump cancels Singapore summit in letter to Kim Jong Un

Washington (CNN)President Donald Trump will not meet North Korean leader Kim Jong Un next month, he announced in a letter to Kim released by the White House Thursday morning, scrapping plans for what would have been a historic diplomatic summit. "I was ... ( read original story ...)

Singapore Warns Eight Crypto Exchanges as Scrutiny Increases

Singapore warned eight cryptocurrency exchanges about their activities in the city-state as regulators around the world step up scrutiny of digital-asset trading. The platforms, which weren’t named, shouldn’t facilitate trading in tokens that are ... ( read original story ...)

India-Singapore Futures Fight a `Concern’ for MSCI’s CEO

(Bloomberg) -- The chief executive officer of MSCI Inc., one of the world’s biggest index compilers, said his firm is “concerned, quite a lot” about the dispute between exchanges in India and Singapore that threatens a popular offshore futures contract. ( read original story ...)

Singapore Posts Solid Growth to Start 2018 Amid Global Risks

Singapore’s economy remained on solid footing in the first quarter, with the government expressing more certainty of a steady pace in 2018 as global trade risks and tightening financial conditions allow for a patient monetary policy. Key Highlights Gross ... ( read original story ...)

Singapore Posts Solid First Quarter Growth on Manufacturing

Singapore’s economy grew at a faster pace in the first quarter than initially estimated, supported by a healthy manufacturing sector. Key Highlights Gross domestic product rose at a seasonally adjusted, annualized rate of 1.7 percent from the prior three ... ( read original story ...)

Go-Jek says to enter Vietnam, Thailand, Singapore, Philippines

SINGAPORE (Reuters) - Indonesian ride-hailing firm Go-Jek said on Thursday it will enter Vietnam, Thailand, Singapore and the Philippines within the next few months and invest $500 million in its international expansion strategy. The move into the four ... ( read original story ...)

Fallen Singapore High-Flyer Starts Debt Restructure Process

a Singapore-based credit analyst at Oversea-Chinese Banking Corp. “We expect such investors to take a hit as their securities are subordinated.” Bloomberg News earlier reported that the group was planning to seek court protection to fend off creditors. ( read original story ...)